Tweets on 2010-04-21

Posted 1 CommentPosted in Finance

Here’s a timely article featured in The Economic Times on why you shouldn’t invest in a ULIP. Between us, D & I have a ULIP that commands a ridiculously hefty premium, provides a really laughable amount as insurance coverage, and has actually tanked in value. Ouch! Thankfully, it’s about to complete three years of tenure […]

Tip Tuesdays: Savings Are for Short-Term Goals; Investments Are for Medium and Long-Term Goals

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Keep this one rule in mind and you won’t go wrong in planning for and meeting your goals. Don’t invest for short-term goals and don’t save for medium and long-term goals. That said, here’s how I define short, medium, and long-term. Short-term: Less than or equal to one-year Medium-term: Greater than one-year but less than […]